Monster Beverage (NASDAQ:MNST) Releases Quarterly Earnings Results, Hits Estimates

Monster Beverage (NASDAQ:MNST) posted its quarterly earnings results on Thursday. The company reported $0.30 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.30, Zacks reports. Monster Beverage had a net margin of 23.08% and a return on equity of 26.02%. The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.49 billion. During the same period in the previous year, the business posted $0.56 earnings per share. Monster Beverage’s quarterly revenue was up 16.7% on a year-over-year basis.

Here are the key takeaways from Monster Beverage’s conference call:

• Third-quarter net sales rose 16.7% to $2.56 billion, with adjusted diluted EPS up 8.5% to $0.30. Adjusted operating income increased 7.1%.
• International sales grew 27.2% on a currency-adjusted basis and reached 47% of total sales, up from 43% a year earlier; the company reported share gains in many markets.
• Gross margin fell to 54.7% from 55.7%, pressured by aluminum and freight costs and a greater mix of lower-margin international sales. Management expects aluminum costs to rise modestly sequentially through at least the first quarter of 2027.
• U.S. and Canada sales increased 9.5%, with Ultra up 19% and Juice Monster up 21% in dollar sales. Monster plans a broad 2027 innovation lineup, including a launch into ready-to-drink protein.
• Management said U.S. pricing adjustments took effect November 1 and expects minimal volume impact, while noting that short-term sales can be affected by timing and other factors.

Monster Beverage Stock Down 4.4%

NASDAQ:MNST traded down $2.11 on Friday, hitting $45.72. The stock had a trading volume of 15,680,007 shares, compared to its average volume of 9,015,017. Monster Beverage has a 1-year low of $34.26 and a 1-year high of $50.17. The stock has a market cap of $89.57 billion, a price-to-earnings ratio of 41.38, a PEG ratio of 3.02 and a beta of 0.51. The company has a fifty day moving average price of $44.71 and a two-hundred day moving average price of $43.30.

More Monster Beverage News

Here are the key news stories impacting Monster Beverage this week:

• Positive Sentiment: International demand drove growth: net sales rose 16.7% year over year to $2.56 billion, with sales outside the U.S. up 28.1% to $1.20 billion—47% of total sales. Adjusted EPS was $0.30, up from $0.28 a year earlier. Monster Beverage Reports 2026 Third Quarter Financial Results
• Positive Sentiment: Wells Fargo raised its price target to $52 from $50 and Piper Sandler lifted its target to $53 from $50.50; both maintained “overweight” ratings, signaling continued analyst optimism. Wells Fargo price-target update Piper Sandler price-target update
• Negative Sentiment: Despite the revenue beat, adjusted earnings matched consensus, and reports cited rising cost pressures and margin weakness. The market’s focus on profitability appears to have outweighed sales growth, with shares falling after the results. Monster Beverage shares slip after Q3 results as margin pressure offsets sales growth

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. JPMorgan Chase & Co. decreased their target price on shares of Monster Beverage from $49.50 to $49.00 and set a “neutral” rating on the stock in a research note on Monday, October 26th. Evercore dropped their price target on Monster Beverage from $95.00 to $52.00 in a research report on Thursday, October 8th. Weiss Ratings raised Monster Beverage from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday. Zacks Research upgraded Monster Beverage from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 12th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $55.00 price objective on shares of Monster Beverage in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $67.05.

Monster Beverage Company Profile

Monster Beverage Corporation develops, markets and sells energy drinks and other beverages. Its portfolio includes Monster Energy, Reign, NOS and Full Throttle, along with products in categories such as sports drinks, juices and alcoholic beverages.

The company traces its roots to Hansen’s, a beverage business established in the 1930s. It introduced the Monster Energy brand in 2002 and adopted the Monster Beverage name in 2012.

Based in Corona, California, Monster sells its products in the United States and internationally.